Streetbeat News

Dividends

FCF

First Commonwealth (NYSE:FCF) announced a quarterly dividend of 12.5 cents per share, with Wednesday being the last day for investors to be eligible for this payout. The stock will go ex-dividend on Thursday, likely opening 12.5 cents lower. The dividend is scheduled for payment on February 23, 2024.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 2:45 pm

COR

Cencora (NYSE:COR) announced a quarterly dividend of 51 cents per share, with Wednesday being the last day for investors to buy the stock and be eligible for the dividend. The stock will go ex-dividend on Thursday, likely opening 51 cents lower. The dividend payout is scheduled for February 26, 2024.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 2:45 pm

PBI

Pitney Bowes (NYSE:PBI) announced a quarterly dividend of 5 cents per share, with the ex-dividend date set for Thursday. Shareholders owning PBI stock by the end of Wednesday are eligible for the dividend, payable on March 14, 2024.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 2:45 pm

BRW

Saba Cap Inc & Opps (NYSE:BRW) announced a monthly dividend of 8.5 cents per share, going ex-dividend on Thursday. Shareholders owning the stock by Wednesday are eligible for the payout on February 29, 2024. The stock is expected to open 8.5 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 2:45 pm

TBLD

Wednesday is the last day for investors to buy Thornburg Inc Builder (NASDAQ:TBLD) shares to be eligible for the next dividend payout of 10.42 cents per share. The stock will go ex-dividend on Thursday, meaning it will likely open 10.42 cents lower. The dividend will be paid on February 20, 2024.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 2:45 pm

ARL

PMT

RC

SQFT

TCI

The article highlights notable value stocks in the real estate sector, focusing on companies with low P/E ratios, indicating potential undervaluation. PennyMac Mortgage, Presidio Property Trust, Ready Capital, Transcontinental Realty, and American Realty Investors are discussed, with details on their earnings per share and dividend yields. The changes in these financial metrics suggest varying company performances and potential investment risks.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 2:39 pm

BOWL

Bowlero has announced the initiation of a quarterly dividend of $0.055. This marks the company's first foray into providing regular dividend payments to its shareholders, signaling a new phase in its financial strategy and potentially increasing its attractiveness to dividend investors.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 2:33 pm

META

Meta Platforms Inc (NASDAQ:META) announced its first-ever dividend of 50 cents per share and a $50 billion share buyback program, following a 25% revenue increase to $40.1 billion in Q4 2023. The company's stock surged 15% after exceeding earnings expectations, marking a significant recovery with a 439% increase since November 2022. This turnaround is attributed to Meta's focus on AI integration and plans for further AI investments in 2024.

Portfolio Pulse from Zaheer Anwari

February 05, 2024 | 2:10 pm

EL

Estee Lauder (NYSE:EL) shares surged premarket after reporting Q2 FY24 results that exceeded expectations, with a sales decline of 7% Y/Y to $4.279 billion, surpassing analyst estimates. The company also announced a quarterly dividend of $0.66 per share and revised its FY24 outlook. Additionally, Estee Lauder is expanding its Profit Recovery Plan, aiming for significant operating profit increases by FY26.

Portfolio Pulse from Lekha Gupta

February 05, 2024 | 1:56 pm

MPW

NSA

UNIT

Wall Street's most accurate analysts recommend selling three high-dividend yielding real estate stocks: Uniti Group Inc. (UNIT), Medical Properties Trust, Inc. (MPW), and National Storage Affiliates Trust (NSA). These recommendations come amidst market turbulence, with each stock facing specific challenges such as weaker-than-expected sales or plans to recover uncollected rents.

Portfolio Pulse from Avi Kapoor

February 05, 2024 | 1:36 pm